Dealer Notes definition

Dealer Notes means, collectively, the Conn-Selmer Dealer Notes and the Steinway Dealer Notes.
Dealer Notes shall refer to those Dealer Notes which are held by the Master Trust.
Dealer Notes has the meaning assigned in the Pooling and Servicing Agreement.

Examples of Dealer Notes in a sentence

  • The aggregate amount of Dealer Notes issued to finance OEM Vehicles, as of the end of the Due Period.

  • The aggregate amount of Dealer Notes issued to finance OEM Vehicles, as of the end of the Due Period .

  • Unless otherwise instructed by an Issuer Agent or Dealer, Notes delivered under this Agreement shall be made against payment as more fully set forth in Section 4 below.

  • The Transferor will take all action reasonably necessary to maintain (i) the first priority perfected ownership or security interest in the Dealer Notes and the collateral granted pursuant to Sections 2.01 and 2.02 of the Applicable Pooling and Servicing Agreement and (ii) the Indenture Trustee’s first priority perfected ownership or security interest in the Collateral.

  • The Servicer shall not be under any obligation to appear in, prosecute or defend any legal action which is not incidental to its duties to service the Dealer Notes in accordance with this Agreement which in its reasonable opinion may involve it in any expense or liability.

  • The terminated Servicer shall promptly make available its electronic records relating to the Dealer Notes to the Successor Servicer in such electronic forms as the Successor Servicer may reasonably request and shall promptly make available to the Successor Servicer all other records, correspondence and documents necessary for the continued servicing of the Dealer Notes in the manner and at such times as the Successor Servicer shall reasonably request.

  • All amounts so allocated to Dealer Notes owned by the Master Trust or paid to the Master Trust for the removed Dealer Notes shall constitute Principal Collections and shall reduce the Removal Balance.

  • All amounts so allocated to Dealer Notes owned by the Issuing Entity or paid to the Issuing Entity for the removed Dealer Notes shall constitute Principal Collections and shall reduce the Removal Balance.

  • The primary assets of the Master Trust consist of a revolving pool of Dealer Notes arising under floor plan financing agreements between Navistar Financial Corporation and retail dealers to finance their inventories of new and used trucks, truck bodies, buses and trailers.

  • Except for the conveyances hereunder and the other Issuing Entity Documents, the Depositor will not sell, pledge, assign or transfer to any other person, or grant, create, incur, assume or suffer to exist any Lien on any Dealer Notes transferred to the Issuing Entity hereunder, whether existing as of the Effective Date or thereafter created, or any interest therein.


More Definitions of Dealer Notes

Dealer Notes the collective reference to the Conn-Selmer Dealer Notes and the Steinway Dealer Notes. Debt: of any Person at any date, without duplication, (a) all indebtedness of such Person for borrowed money (whether by loan or the issuance and sale of debt securities) or for the deferred purchase price of property or services (other than current trade liabilities incurred in the ordinary course of business and payable in accordance with customary practices), (b) any other indebtedness of such Person which is evidenced by a note, bond, debenture or similar instrument, (c) all obligations of such Person under Capital Leases, (d) all obligations of such Person in respect of letters of credit, acceptances or similar instruments issued or created for the account of such Person, (e) all liabilities secured by any Lien on any property owned by such Person even though such Person has not assumed or otherwise become liable for the payment thereof, and (f) all Contingent Obligations. Default: an event or condition that, with the lapse of time or giving of notice, would constitute an Event of Default.
Dealer Notes means all promissory notes held by the Borrower representing loans or advances to its dealers which are made in accordance with the past business practices of the Borrower, made in accordance with its standard credit procedures and made for the purpose of financing (i) dealer inventories in connection with the opening or expanding of a new Store, (ii) the purchase by the dealer of a Store, (iii) dealer capital improvement and leasehold improvements, or (iv) the conversion (on a secured basis) of accounts receivable and services sold to dealers from open accounts receivable.
Dealer Notes notes made by Conn-Selmer dealers in favor of Conn-Selmer.
Dealer Notes shall refer to those Dealer Notes which are held by the Master Trust. Clause (v) of the definition of "Eligible Dealer Note" in SECTION 1.01 of the Agreement is hereby deleted in its entirety and replaced with the following:

Related to Dealer Notes

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Seller Notes means the series of unsecured, subordinated promissory notes in the initial aggregate principal amount of $100 million issued to Globetrotter Co-Investment B LP and to the selling equity holders of Lakeland Holdings, LLC (including the intragroup back-to-back notes issued by certain Debtors to other Debtors related thereto) and the guarantees provided by Lakeland Seller Finance, LLC in respect thereof, in connection with that certain Sale and Merger Agreement dated as of November 8, 2017, by and among WS Holdings Acquisition, Inc., as Purchaser, WS Holdings, Inc. as Blocker Corp., Lakeland Holdings, LLC as the Company, Lakeland Merger Sub II, LLC as Merger Sub, Globetrotter Co-Investment B LP as Blocker Seller and, solely in its capacity as Representative in accordance with the terms of the Sale and Merger Agreement, Metalmark Management II LLC.

  • DTC Notes means Notes cleared, settled and maintained on the DTC System, registered in the name of a nominee of DTC. All of the Notes will be DTC Notes at issuance.

  • NIM Notes The notes to be issued pursuant to the Indenture.

  • Lead Securitization Notes means Note A-1-A, Note A-1-B, Note A-1-C, Note A-1-D, Note A-1-E, Note B-1, Note B-2, Note B-3, Note B-4 and Note B-5 for so long as any such note is included in the Lead Securitization.

  • Asset Backed Notes (the "Class A-2 Notes"), Class A-3 4.30% Asset Backed Notes (the "Class A-3 Notes"), Class A-4 4.36% Asset Backed Notes (the "Class A-4 Notes" and, together with the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes, the "Class A Notes"), Class B 4.52% Asset Backed Notes (the "Class B Notes"), Class C 4.72% Asset Backed Notes (the "Class C Notes") and Class D 6.76% Asset Backed Notes (the "Class D Notes" and, together with the Class A Notes, the Class B Notes and the Class C Notes, the "Notes"), are issued under the Indenture, to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights and obligations thereunder of the Issuer, the Indenture Trustee and the Noteholders. The Notes are subject to all terms of the Indenture. The Class A-1 Notes are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture. Interest on and principal of the Notes will be payable in accordance with the priority of payments set forth in Section 8.2 of the Indenture.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Exchange Notes means the Notes issued in the Exchange Offer pursuant to Section 2.06(f) hereof.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Asset-Backed Securities means securities which:

  • Fundserv Notes means Notes purchased through Fundserv.

  • B Notes means each of Note B-1 and Note B-2.

  • Pari Passu Securities means any class or series of capital stock of the Company hereafter created specifically ranking, by its terms, on parity with the Designated Preferred Stock as to distribution of assets upon liquidation, dissolution or winding up of the Company, whether voluntary or involuntary.

  • Trust Notes As defined in the Introductory Statement.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Class of Notes means each of the Classes of Notes being:

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • Notes shall have the meaning assigned to such term in the recitals.

  • Series D Notes is defined in Section 1.

  • Unsecured Notes means the Borrower’s $700,000,000 10.75% Senior Notes due 2023 issued pursuant to the Unsecured Notes Indenture dated as of July 31, 2015.

  • High Yield Securities means debt Securities and Preferred Stock, in each case (a) issued by public or private issuers, (b) issued pursuant to an effective registration statement or pursuant to Rule 144A under the Securities Act (or any successor provision thereunder) or other exemption to the Securities Act and (c) that are not Cash Equivalents, Mezzanine Investments or Bank Loans.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.

  • or "Notes means the Revolving Notes, the Swingline Note and/or the Term Notes, collectively, separately or individually, as appropriate.

  • Old Notes shall have the meaning set forth in the preamble hereto.

  • 2013 Notes means the 4.375% Senior Secured Notes due 2023 and the 5.950% Senior Secured Notes due 2043 issued by the Issuer on March 18, 2013.

  • Senior Noteholders means the holders of the Senior Notes.